The starting pitcher trade market is open for business.

The Reds traded former Yankee Sonny Gray and minor league right-hander Francis Peguero to Minnesota for their 2021 first-round pick, pitcher Chase Petty, according to multiple reports.

Gray, 32, had a 4.19 ERA last season and would have likely been the fourth or fifth starter in a solid Cincinnati rotation. Instead, he’ll slot in as a dependable veteran for a Minnesota team coming off a terrible 2021 and looking to retool.

It’s curious that the Twins would give up the 19-year-old Petty, the 26th pick in the draft last summer, for an older starter when the team is unlikely to compete this season.

Gray, though, has a solid history — he was an All-Star as recently as 2019 — and fills a need.

As for the Reds, they offload Gray’s contract, which will see him paid $10.2 million this season with a $12 million club option for 2023, and get a first-round prospect back in the process.

Cincinnati’s rotation, though, gets thinner on the back end, with competition for the last two spots.